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12. THE PROPOSAL TO REPLACE THE QUOTAS BY A TARIFF FORMS AN ESSENTIAL
PART OF A DEVELOPING POLICY DESIGNED TO HELP THE INDUSTRY SURVIVE ND
COMPETE IN AN INTERNATIONAL ENVIRONMENT, I HAVE ALREADY ANNOUNCED DECISIONS ON THE STRUCTURE OF THE INDUSTRY WHICH SHOULD GIVE THE
WRGE FIRMS THE STABILITY THEY NEED TO PROCEED WITH THE INTERNAL REORGANISATION AND INTEGRATION, WHILE ENCOURAGING A MUCH- NEEDED PROCESS OF AMALGAMATION AMONGST THE MEDIUM AND SMALL-SIZED FRMS. TODAY'S DECISIONS CARRY THE POLICY A VITAL STAGE FURTHER. SUCCESSIVE GOVERNMENTS HAVE FAILED TO COME TO GRIPS WITH THE INDUSTRYS
BASIS PROBLEMS: AND THE INFUSTRY ITSELF HAS FAILED TO ADAPT SUFFICIENTLY TO CHANGING CIRCUMSTANCE, I HOPE THAT THE DECISIONS
THAT I HAVE ANNOUNCE, PROVIDED THAT THEY ARE COUPLED WITH A CLEAR
DETERMINATION ON THE PART OF BOTH SIDES OF THE INDUSTRY TO CARRY OUT THE CHANGES RECOMMENDED BY THE TEXTILE COUNCIL, WILL ENABLE THE LANCASHIRE TEXTILE INDUSTRY ONCE AGAIN TO TAKE ITS PLACE IN THE FOREFRONT OF BRITISH INDUSTRY.
STEWART
INTERNATIONAL TRADE DISTRIBUTION:
COMMODITIES D.
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